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Search Results 0 to 4 of about 5
CNBC
Jan 15, 2013 6:00am EST
certainly not. and those of us who are concerned on the across-the-board defense cuts i hope for the most part are saying we have to make these cuts. the question is how we allocate those cuts. we can't back off that, becky. that would be unbelievable that, you know, we're now negotiating on something we agreed to two years ago at a time when the debt was a couple trillion dollars less. we've got to be sure we're making progress moving forward. this debt limit discussion is an opportunity to do that. we don't have to make these cuts in the way the president talked about it at his press conference. i thought it was incredibly irresponsible to say republicans are talking about slashing spending. they wanted to gut medicare and medicaid. that's not the point here. it's being sure these programs are saved and preserved for future generations and everyone, including the president, we talked about this in the past, understands the need to do that. >> you forgot about cutting off people with disabilities, and autistic children and a lot of -- you forgot about a lot of things that you republ
CNBC
Jan 22, 2013 6:00am EST
stick in the eye. frankly, he may a very spirited defense of activist government and kind of continued this narrative that, republicans don't believe in social security and medicare, et cetera. so, you know, we go on a very cold tuesday morning and we soldier on to the next battle. >> and, the -- there's an inauguration -- there's speeches, and then there's what you're able to accomplish given the -- the tone -- the makeup of the country, the makeup of congress. how much gets done? how much is just bluster? and how much actually ever gets proposed? but then again, how much is executive order? is he going to be able to do that without legislation some of it? >> well, again, now we get to wait for a state of the union on february 12th, and we probably won't see his fiscal 2014 budget until march. we'll have to deal with the debt ceiling and probably at least the sequester before that. so you know, there are not a lot of proposals formally on the table from the democrats. and i think we're going to have a very, very messy march and probably into early april, maybe even with a government s
CNBC
Jan 17, 2013 6:00am EST
and defense spending meaning military salaries. markets, of course, democrats say they're going to demand higher wage because of this. republicans will suggesting they'll overlook this gridlock. finally on the economy, a lot of folks saying it would cause a depression. republicans say, there are temporary effects here. now, okay, so let's do this. could you, if you were treasury secretary, so you make spending equal cash flow? get ready to play folks? the debt ceiling game, calling this the home edition, here are different items in the government, in the federal government budget, what you've got to do is check a box, fund it or don't fund it. now we've rigged this now so we've worked on tv. we're going to fund all these things. and what we're going to do is we're going to make our spending equal the cash flow of 277 billion dollars so we're going to pay the interest, we're going to pay medicare, medicaid, social security, military pay, retirement, veterans benefits and defense vendor payments, federal salaries. okay got it. 275. we fund this, it means we cannot come over here zoom
CNBC
Jan 16, 2013 6:00am EST
proliferate. ♪ protect your mouth, with fixodent. the adhesive helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. >>> goldman sachs report iing fourth quarter earnings much higher than expected. wow, it was a really big beat. we have an earnings guru here. he asks the question, why isn't the stock even higher this morning? roger, what's your take? >> the beat was two things. one a much lower comp ratio. the way that works, tends to get chewed up in the fourth quarter. an out sized beat and the other longer lending, investments and private equity got marked up a fair amount. i think people were expecting that to be a source of upside. the real beat was in compensation. given it's so weighted to the fourth quarter, the beat isn't as big as it looks. the full year ratio for compensation came out to 34%, it was 32% last year. to the extent there's a longer term lower accrual level to be factored in here, earnings are biased up. >> was that politically driven, do you think? >> i think it's a function of a lot of things. i th
CNBC
Jan 23, 2013 6:00am EST
android. it was the largest defensive move ever. so that's where they've been spending. but clearly they generated $3.7 billion in cash in the quarter. they could afford dividend. >> have you picked up anything evil that they've started doing, or still doing no evil? have you noticed anything? >> nthey sell ads, google is an ad company. that's all they do. and we love ads. >> thank you. that is not evil. >> right. exactly. they're doing no evil. they're serving the common good by serving up ads that are relevant to you like facebook. >> okay. >> dan, thank you. been great talking to you. >> no evil. >>> when we come back, research in motion takes a first step toward blackberry 10. we'll ask what it means for shares. >>> speaking of technology, check out shares of ibm. joe's been talking about this. getting a boost. revenue beating the street. 204. trade boofing that now. by the way, the world's largest technology services company is offering a better than expected 2013 outlook. helping the dow, too. [ wind howls ] [ dog barks ] ♪ ♪ [ male announcer ] something powerful is coming
Search Results 0 to 4 of about 5